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Warsh’s Silence Shakes Markets | US News
The Fed’s new chair, Kevin Warsh, is set to deliver a high-stakes speech this Friday in Jackson Hole—just as bond yields surge to 20-year highs and markets scramble for clues. With inflation stubborn and political pressure mounting, Warsh’s unusually quiet leadership has left investors anxious. His minimal public signals contrast sharply with his predecessor’s transparency, fueling uncertainty about future rate moves. As the 30-year Treasury yield hovers near 5.18%—its highest since 2007—Wall Street and Washington are watching closely for any hint of the Fed’s evolving strategy. Listen in…
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